Ill have to go back and look at the calculator again for an area to punch that in.

Or, they want to know the owner can take time off without the management fee crippling the business.Finally, assume you want a vacation, you become ill, for family reasons you need to relocate away from the area.

Father-in-law is 76 and would like to distribute the money from the sale before he passes not that he is ill or anything, but not utilizing other means of legally putting it in writing for that process when it comes..  

Ill write out all the pros and cons.

Ill show you around and be local insight

Thanks again for the input and ill get back on here when we make the "official" decision!

I am still learning, but just to place some numbers on the board to understand more for myself...ill pick the 2 cheapest 3/2/2's in my area in a B+ location id be willing to invest in as a rental.Property 1: 3/2/2 1,519sq ft $159,900 = average rent based on rentmeter.com is $975/monthProperty 2: 3/2.5/2 1648sq ft $161,000 = average rent based on rentmeter.com is 1050/monthSo if i sold my townhouse and put 100k toward both properties, that would place me at the following roughly...Property 1: $975/month rent - $455/month = $520/month or $6240/yrProperty 2: $1050/month rent - $455/month = $595/month or $7140/yrcombined it would be $1115/month or $13,380/yrOption 2:Brand new housing selling in a A+ area near me... 

Yes, they make exceptions but mostly for things like job transfer, illness, etc.

So ill begin with a little about myself.My name is Steven Nitschke, I'm 22 years old, and have been obsessed with real estate since the age of 20.

Ill shoot you a colleague request!